Biden to Name Gary Gensler as SEC Chairman
The appointment of the former CFTC chief "is expected to put an end to the four years of rule-easing" that Wall Street has enjoyed under Jay Clayton.
CFTC Urges Changes to Climate Risk Disclosure
Current rules have "not resulted in disclosures of a scope, breadth, and quality to be sufficiently useful to market participants and regulators."
BNP Paribas Settles Benchmark Manipulation Case
BNP Paribas personnel deliberately traded to move the ISDAfix benchmark in a direction at the precise time it was being set, says the CFTC.
Tech Upgrade Commands CFO’s Focus
Amy Shelly of Options Clearing Corp. faces several challenges in replacing the organization's outdated platform.
Citigroup Fined $25M for ‘Spoofing’ Futures
The first-ever spoofing case against a bank alleges traders placed large futures orders to create a false appearance of market interest in a commodity.
Goldman Sachs to Pay $120 Million in Rate-Manipulation Case
The CFTC orders the investment bank to pay up in response to charges that traders deliberately influenced a U.S. global dollar benchmark.
Credit Suisse Fined $665K Over Futures Trading
The CFTC also said Credit Suisse submitted false or misleading information to show it was in compliance with position limit rules.
Deutsche Bank to Pay $2.5B in LIBOR-Rigging Case
The settlement is the largest among the five banks that have admitted LIBOR-rate misconduct.
End Financial Regulatory Patchwork: Volcker
A report by the Volcker Alliance calls for a "long-delayed" reshaping of the U.S. bank regulatory system.
Commodities and Banks: Metal Bashing
Insinuations of market manipulation accelerate another upheaval in finance.